Hooters Casino, WaMu, SP Newsprint, Potomac Supply: Bankruptcy - San Francisco Chronicle

Hooters Casino, WaMu, SP Newsprint, Potomac Supply: Bankruptcy San Francisco Chronicle Absent bankruptcy, the casino would have been foreclosed in August. Owned by 155 East Tropicana LLC, the property is adjacent to MGM Grand on the Las Vegas Strip. There is an additional $32.2 million of interest owing on the second-lien debt. and more »

Wall Street Split as Money Managers Fault Bank Foreclosure Deal - Bloomberg

Bloomberg

Wall Street Split as Money Managers Fault Bank Foreclosure Deal Bloomberg Deadline All 50 states announced an investigation into foreclosure practices in 2010 following disclosures that servicers were using flawed documents in seizing homes. A group of state attorneys general and federal officials has since negotiated terms ... and more »

Shadow Inventory will slow Washoe County housing market in coming years - Reno Gazette Journal

Shadow Inventory will slow Washoe County housing market in coming years Reno Gazette Journal The borrower has another 90 days to resolve the issue before the bank can post a notice of sale or auction on the property. A term that refers to real estate properties that are either in foreclosure and have not yet been sold or homes that owners are ... and more »

Obama Vows to Cut Red Tape Stymieing Homeowners Loans: Mortgages - BusinessWeek

Obama Vows to Cut Red Tape Stymieing Homeowners Loans: Mortgages BusinessWeek About 5 million properties were lost to foreclosure since 2006, according to RealtyTrac Inc., an Irvine, California-based data seller. Andrade, a real-estate agent, said Bank of America asked for an extension three times, one or two days before ... and more »

Obama Vows to Cut Lender Red Tape Stymieing Homeowner Borrowing: Mortgages - Bloomberg

Bloomberg

Obama Vows to Cut Lender Red Tape Stymieing Homeowner Borrowing: Mortgages Bloomberg About 5 million properties were lost to foreclosure since 2006, according to RealtyTrac Inc., an Irvine, California-based data seller. Andrade, a real-estate agent, said Bank of America asked for an extension three times, one or two days before ... and more »